Envirotech Vehicles, Inc. - EVTV STOCK NEWS

Envirotech Vehicles, Inc. (OTCQX:EVTV) has selected Osceola, Arkansas, for its new manufacturing facility, acquiring a 580,000 square foot site. The investment exceeds $80 million over five years and is projected to create over 800 jobs. The facility will initially manage the final outfitting of imported vehicles while transitioning to full production. Phillip Oldridge, CEO, emphasized confidence in the local workforce and business climate. The facility aims to position EVTV as a leader in sustainable manufacturing, contributing to the growing demand for zero-emission vehicles.

Envirotech Vehicles, Inc. (OTCQX:EVTV) announced the opening of its first U.S.-based manufacturing facility in Arkansas, aiming to become the state's first commercial electric vehicle manufacturer. The operations are expected to commence in Q1 2022. CEO Phillip Oldridge emphasized the support from Arkansas and the advantages of the location, including a strong workforce and transportation access. The facility will cater to the growing demand for zero-emission vehicles tailored for various sectors, including last-mile fleets and educational institutions.

Envirotech Vehicles, Inc. (OTCQX:EVTV) announced the appointment of Christian S. Rodich as Chief Financial Officer, succeeding Michael K. Menerey. Rodich, with over 20 years of experience including financial management at Masterbrand Cabinets, will oversee financial operations and reporting. Menerey will assist during the transition. CEO Phillip Oldridge expressed confidence in Rodich's capabilities to enhance the company's position in the electric vehicle industry. Envirotech focuses on zero-emission vehicles for various sectors, aiming to reduce ownership costs and support environmental compliance.

Envirotech Vehicles, Inc. (OTCQB:EVTV) announced the delivery of two upfitted box trucks to Louis Sardo Bus & Coach Upholstery in California, marking a significant step as the company witnesses growing demand for its zero-emission electric vehicles. CEO Phillip Oldridge indicated plans to fulfill over 40 existing orders, highlighting the transition to electric vehicles in service and industrial sectors. The company focuses on providing cost-effective, environmentally friendly electric vehicles to various clients, including commercial fleets and educational institutions.

Envirotech Vehicles, Inc. (OTCQX:EVTV) announced binding purchase orders from Zero Nox, Inc. for thirty electric vehicles. This follows a Factory Authorized Representative Agreement established in May 2021, enabling ZeroNox to promote Envirotech’s products across the U.S. CEO Phillip Oldridge expressed excitement about the partnership, highlighting ZeroNox's role in the electric vehicle market. Envirotech focuses on zero-emission vehicles catering to commercial and governmental fleets, aiming to reduce vehicle ownership costs and address environmental compliance.

Envirotech Vehicles (OTCQX:EVTV) announced the approval of two vouchers totaling $132,000 under California's Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP). These funds will assist in the purchase of two Class 4 trucks, enhancing sales momentum for the company. With over 1,400 fleets and more than 7,000 clean vehicles funded to date, HVIP plays a critical role in California's transition to zero-emission vehicles. Envirotech aims to support businesses in adopting green transportation solutions as additional funding becomes available in early 2022.

Envirotech Vehicles Inc. (OTCQX:EVTV) has officially commenced trading on the OTCQX Best Market, a milestone achieved by upgrading from the OTCQB Venture Market. This transition reflects the company's adherence to high financial standards and corporate governance. CEO Phillip Oldridge noted significant business momentum, highlighted by a shipment of 40 vehicles, mostly pre-sold, underscoring demand for their electric vehicles. The upgrade aims to enhance visibility among investors, potentially boosting growth and shareholder value in the expanding EV sector.

Envirotech Vehicles, Inc. (EVTV) has announced the promotion of Susan M. Emry to Executive Vice President, effective December 1, 2021. With over 30 years of experience in the transportation and financial industries, Emry has been the Controller of Envirotech since April 2021 and has played a crucial role in establishing a U.S. manufacturing facility. CEO Phillip Oldridge praised her contributions as the company aims to expand its foothold in the electric vehicle market amidst growing demand for zero-emission fleet vehicles.